Associate (12 months contract), Performance Analytics (Policy)

Temasek is a global investment company headquartered in Singapore, with a net portfolio value of S$389 billion (US$288b, €267b, £228b, RMB2. 08t) as at 31 March 2024. Marking our unlisted assets to market would provide S$31 billion of value uplift and bring our mark to market net portfolio value to S$420 billion. Our Purpose “So Every Generation Prospers” guides us to make a difference for today’s and future generations. Operating on commercial principles, we seek to deliver sustainable returns over the long term. We have 13 offices in 9 countries around the world:

Beijing, Hanoi, Mumbai, Shanghai, Shenzhen, and Singapore in Asia; and Brussels, London, Mexico City, New York, Paris, San Francisco, and Washington, DC outside Asia.  For more information on Temasek, please visit www. temasek. com. sgFor Temasek Review 2024, please visit www. temasekreview. com. sgFor Sustainability Report 2024, please visit www. temasek. com. sg/SR2024IntroductionThe Performance Analytics team is part of the QSPA (Quantitative Strategy and Performance Analytics) team within the larger Portfolio Strategy and Risk Group which helps to provide guidance on our strategic direction and portfolio objectives. The Performance Analytics team has 3 key responsibilitiesCost of Capital Framework:

The team develops, refines and implements, for all our investments, Temasek’s cost of capital framework, which both determines the hurdle rates for investment evaluation/performance monitoring and the discount rates used in valuation. Certain Annual Performance Metrics: The team computes the performance of the Temasek portfolio on a bottom-up basis and is responsible for reporting Temasek’s annual “Wealth Added” (total dollar return minus dollar cost of capital), which is audited and officially published in the Temasek Review. Performance Analysis and Enhancement:

The team also helps identify patterns and possible improvements in performance or investment behavior in order to enhance portfolio returns. ResponsibilitiesApplication and Implementation of Cost of Capital FrameworkRegular update of market parameters used in the Cost of Capital Framework to facilitate the evaluation of new investments and monitoring of existing investmentCoordinate the annual beta refresh exercise by liaising with investment groups to update sector focus areas and corresponding sectors’ peer set. Obtain market data to support the PA team in academic research and development of framework for new asset classes, if any.

Computation of Performance Metrics Performance Reporting and Data ManagementPerform monthly data reconciliation across systems to ensure position and transaction data for all investments are captured accurately for performance calculations. Generate performance reports and assist in providing investment performance reports to internal & external stakeholders Raise, investigate and follow up on issues related to data quality and content of the reports. Process And Workflow ImprovementsDevelop python scripts to automate repetitive reporting tasks, reducing manual effort and turnaround time in generating performance reports. Leverage Python libraries to streamline data extraction and transformation.

Technology ToolsWork with Digital Technology and external vendors to perform user-acceptance-testing (UAT) for refinements in performance calculation engineRequirementsTertiary education in Finance, Business or Accounting disciplineKnowledge with practical experience using PythonMeticulous, attention to details with strong interpersonal and communication skills are requiredAbility to work well independently and in a team is essentialProficiency in Microsoft Word, Excel and PowerPointPrior experience with Qliksense, Bloomberg and Factset would be a strong plus